Critics can’t stop NFTs from becoming a mainstay of daily life
Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
As Ethereum turns 11 years old it hosts $148B in stablecoins, but daily mainnet revenue just fell to $330k
Ethereum turned 11 on July 30, the anniversary of the day users generated and loaded the Frontier genesis block in 2015. In its fi...
Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading...
Big Tech’s $2.4T AI shakeout reshapes capital markets and crypto miners
Big Tech's AI investments and debt increase market volatility, while crypto miners pivot to AI, altering revenue dynamics and regu...
Solana Mobile allocates $27M in SKR tokens for Seeker Summer Round 2
Solana Mobile's strategy could enhance user retention and engagement, potentially increasing SKR's value and Solana-native app ado...
Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees
Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most i...
Zeta Network Group secures $10M private placement settled entirely in Bitcoin-backed tokens
Zeta's Bitcoin-backed funding highlights growing crypto integration in traditional finance, posing risks tied to Bitcoin's volatil...